Inspection of gold shops to be increased to prevent tax evasion: Kerala CM

To prevent tax evasion in gold jewellery sales, strict measures like increased inspection of gold shops would be taken, Kerala Chief Minister Pinarayi Vijayan said on Tuesday

Gold, jewellery
Photo: Reuters
Press Trust of India Thiruvananthapuram
1 min read Last Updated : Sep 07 2021 | 3:48 PM IST

To prevent tax evasion in gold jewellery sales, strict measures like increased inspection of gold shops would be taken, Kerala Chief Minister Pinarayi Vijayan said on Tuesday.

The decision was taken by the CM in a high-level meeting held to discuss the issue, a state government release said. In the meeting it was also decided to strengthen the sales tax intelligence in the state, it said. The CM directed that strict inspections should be carried out in areas where tax evasion was likely and where violations are found, action, including cancellation of GST registration of such persons, should be taken against them, the release said.

Adequate incentives should be given to officials who do more tax collection, it was decided in the meeting during which Vijayan also inquired about the possibility of making CCTV footage of large gold shops available at the GST office and police station, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Pinarayi VijayanGold Keralatax evasion

First Published: Sep 07 2021 | 3:48 PM IST

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